Discover an unparalleled re-development opportunity in the heart of Los Altos, one of Silicon Valley's most sought-after locations. This high-density development site offers immense potential for multiple uses - Market Rate Development, Affordable Housing, Senior Living etc, catering to the area's growing demand for residential, and mixed-use spaces.
EXCEPTIONAL OPPORTUNITY TO BUILT TO SUIT YOUR CUSTOM DREAM HOME TO YOUR EXACT SPECIFICATIONS! PERCHED ON A SUNNY KNOLL, THIS AMAZING 4+ ACRE PARCEL WITH STUNNING VIEWS; PARTIAL BAY VIEWS, CANYON VIEWS, MOUNTAIN VIEWS, HILLS & MORE - ALL FEEDING TO AWARD WINNING LOS ALTOS HIGH SCHOOL (BUYER TO VERIFY). BUILD TO SUIT YOUR HOUSE SIZE, BIG OR SMALL UP TO APPROX 10,000 OR 11,000 SQFT (INCLUDES SUBTERRANEAN SQFT) MFA APPROX 5,900+/- SQFT, MDA APPROX 8,800+/- SQFT. PRIVATE & QUIET, YET LESS THAN 3 MILES TO FOOTHILL COLLEGE. TRAIL ACCESS TO BYRNE PRESERVE + WESTWIND BARN, HIDDEN VILLA & FOOTHILLS PARK. SURROUNDED BY MULTI-MILLION DOLLAR HOMES. MINUTES TO 280, TECH COMPANIES, SAND HILL ROAD, PAGE MILL ROAD, STANFORD, SJC, SFO, DOWNTOWN LOS ALTOS, DOWNTOWN MTN VIEW & DOWNTOWN PALO ALTO, A REMARKABLE LOCATION IN THE MIDDLE OF SILICON VALLEY AND THE PENINSULA; A UNIQUE OPPORTUNITY TO BUILD A CUSTOM RESIDENCE WITH SPECTACULAR VIEWS - ONE OF THE BEST PRICED VIEW LOTS IN 3+ YEARS.
Your choice refurbish the home or develop the property for multiple units // In either case 2 additional units (ADU's) are permitted // Zoning code recently modified to relax development standards and significantly increase allowed floor area and density. [For details contact listing agent or review disclosures] // Build multiple units [zoning for 6 or more] or improve existing homed // An additional 2 ADU's permitted under other scenario// Killer location: walk to Los Altos Village, proximate to 280, Foothill Expy, and San Antonio Rd // Excellent site access: front Lassen, rear alley.
Outstanding building opportunity in prestigious NORTH Los Altos! Hard to find, extra-large, wide and deep rectangular lot with excellent dimensions: 13,000+ sq ft with street frontage of 100 ft and depth of 133ft. Ideal for buyers wanting to build their dream home and also for investors who want to develop the lot to maximize potential (check with city on options). Existing home is in original condition with substantially deferred maintenance and the value is in the land. Prime Los Altos location close to BOTH Los Altos downtown & local schools! Convenient to many amenities including San Antonio Center, restaurants, shopping, Whole Foods and local favorites - Draegers and De Martini. Easy commute access to highway 280 and to Silicon Valley tech firms such as Google, Meta and Apple. Top-rated Los Altos schools: Almond Elementary, Egan Junior High, Los Altos High.
4350 El Camino Real is a 0.66-acre site approved for a 47-unit residential condominium development. The project includes a mix of one-bedroom, two-bedroom, and three-bedroom units in a five-story building with two levels of subterranean parking. Forty of the units will be offered at market rate, with three units reserved for Very Low Income households and four units for Moderate Income households. Of the 84 spaces in the parking garage, five will feature electric vehicle charging. The subject site is less than one-half mile from the intersection of El Camino Real and San Antonio Road and is close to retail, dining, and entertainment. Whole Foods, Safeway, Walmart, Target, Trader Joe's, and CVS are nearby, as well as dozens of casual dining and fast-food restaurants. Downtown Los Altos and downtown Mountain View are both less than two miles from the site; both are pedestrian retail districts with numerous restaurants and shops.
The median home value in Los Altos, CA is $4,250,000. This is higher than the county median home value of $1,450,100. The national median home value is $338,100. The average price of homes sold in Los Altos, CA is $4,250,000. Approximately 76% of Los Altos homes are owned, compared to 18.36% rented, while 5.65% are vacant. Los Altos real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Los Altos real estate agent to arrange a tour today!
Los Altos, California has a population of 31,562. Los Altos is more family-centric than the surrounding county with 45.14% of the households containing married families with children. The county average for households married with children is 38.78%.
The median household income in Los Altos, California is $250,001. The median household income for the surrounding county is $140,258 compared to the national median of $69,021. The median age of people living in Los Altos is 45.8 years.
The average high temperature in July is 80.9 degrees, with an average low temperature in January of 39.9 degrees. The average rainfall is approximately 18.8 inches per year, with 0 inches of snow per year.